Qatar-based Commercial Bank has successfully issued QAR 500 million ($137 million) in three-year senior unsecured bonds with a coupon rate of 4.90%. The bonds were issued under the bank’s $5 billion Euro Medium Term Note (EMTN) programme and are now listed on Euronext Dublin.
Strong Credit Ratings and Stable Outlook
Commercial Bank maintains solid investment-grade ratings from major global agencies:
- A2 by Moody’s
- A- by S&P
- A by Fitch
All agencies have assigned a stable outlook, reflecting the bank’s sound financial position and consistent performance in Qatar’s robust banking sector.
Joint Lead Managers and Strategic Objective
DBS Bank and Standard Chartered Bank served as the joint lead managers for the issuance. The proceeds will support Commercial Bank’s ongoing funding strategy and enhance liquidity management, reinforcing its standing in the regional fixed-income market.
This bond offering signals sustained investor interest in Qatari debt instruments and underlines Commercial Bank’s ability to access competitive financing from global capital markets.
